How Much Will Dallas Give to Sign Dak Prescott on a New Contract?

Dallas Cowboys' quarterback Dak Prescott is still waiting for his new contract. How much money will it take to get him signed?

Corey Parson | May 4, 2020

With no major live sports to wager on, sportsbooks are getting very clever with their NFL props and futures betting markets.

This weekend I saw an interesting prop on of the Bovada sportsbook. They have a prop on Dallas Cowboys quarterback Dak Prescott and his next contract annual average salary. The number is set at 34.5 million dollars. If Prescott gets over that number, he will be the highest-paid quarterback in the NFL (or very close to it). Right now, the honor of highest-paid quarterback goes to Russell Wilson at $35 million per season for his average salary. Ben Roethlisberger is next with an annual average salary of $34 million. Prescott has played very well since taking over for an injured Tony Romo four seasons ago. Prescott has also lead the Cowboys to two NFC East championships. Prescott has sat by and witnessed other players get paid; now it's his time to come up. Dallas Cowboys owner and general manager Jerry Jones has always done an excellent job of paying the Cowboys' homegrown talent.

When an NFL team finds a franchise quarterback, they have to be paid top dollar. Jared Goff and Carson Wentz were the top two picks of the 2016 NFL Draft, the same draft that the Cowboys selected Prescott in the fourth round. Wentz and Goff have both been a part of Super Bowl runs and have already signed big contracts, but you can argue that at this moment, Prescott is the better quarterback.

Assuming he signs for $35 million or more, it doesn't mean he is the best QB in the league. It just means that it is his time. Lamar Jackson, Patrick Mahomes, and Deshaun Watson will all likely overtake Prescott in salary when they get their big deals. The Dallas Cowboys have built around Prescott. New head coach Mike McCarthy was brought in to take Prescott to the next level. They already have dynamic weapons on offense, plus they drafted WR CeeDee Lamb to give Prescott the tools he needs to take Dallas back to the promised land.

Cowboys SI reporter Mike Fisher has been following this story and wrote this:

Prescott has a big offer on the table now ... a pair of them, in fact, as he can either accept the existing $31.409 million franchise-tag offer or continue to negotiate a long-term deal that we've reported presently would land him $35 million (per year) and more than $106 million guaranteed.

If Jones and Prescott agree on this type of deal, Prescott will have an annual average salary of 35 million. I would hammer the OVER on this prop bet. I'm not worried about the Andy Dalton signing at all!

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Published May 4, 2020

COREY PARSON